Trade in goods with USA SITC (Standard International Trade Classification)
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Switzerland trade flows with USA by SITC*) product sections during 2022/5 - 2022/9

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2022/5
%
2022/6
%
2022/7
%
2022/8
%
2022/9
%
Export1.4 2.8 3.0 2.0 1.8
Import1.7 1.4 1.4 1.5 1.7
Trade in Goods1.6 2.0 2.0 1.7 1.7

USA's foreign trade with Switzerland, exports to Switzerland and imports from Switzerland in September 2022


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

Switzerland's share of USA's foreign trade in goods in September 2022 represented a share of 1.7 per cent. Share of USA's that month's exports was 1.8 % and 1.7 % of imports. In September Switzerland was USA's 15. most important foreign trade partner. Amounting trade to worth of $7.8 billion was 18.3 per cent bigger than in September of the previous year. In September the trade balance with Switzerland was $1.6 billion in deficit for United States of America.

The value of imports from Switzerland decreased by 2.9 per cent compared to in September of the previous year, thus amounting to $4.7 billion in September 2022. Major product categories of imports from Switzerland were Sitc542 (medicaments (including veterinary medicaments)), representing 28.6 percent of imports, Sitc515 (organo-inorganic compounds, heterocyclic compounds, nucleic acids and their salts, and sulphonamides) 11.8 % and Sitc885 (watches and clocks) 9.5 % of the imports.

Exports to Switzerland grew strongly over the previous year's September. The value of exports was $3.1 billion. The largest product groups of exports were: Sitc971 (gold,non-monetary), which represented a share of 64.7 per cent of total exports, Sitc541 (medicinal and pharmaceutical products, other than medicaments of group 542) 5.0 % and Sitc897 (jewellery, goldsmiths' and silversmiths' wares, and other articles of precious or semiprecious materials, n.e.s.) 3.6 % of the exports.

Development during January-September 2022

During January-September trade in goods with Switzerland has grown slower than USA's trade in goods with the rest of the world. During January-September, the value of trade in goods between the two countries rose to $73.5 billion. Growth compared to the corresponding period of the previous year was 14.9 percent. During January-September the value of imports was $46.2 billion. The export value was $27.3 billion. Compared to the corresponding period January - September in 2021, the value of imports during this period decreased by 0.6 %. The largest product group in terms of imports has been Sitc542 (medicaments (including veterinary medicaments)), worth $9.9 billion. In export the largest value had Sitc971 (gold,non-monetary), worth being $15.2 billion. The value of exports during this period increased by 56.4 %. From USA's point of view, the trade balance between the countries in January-September remained in deficit. The trade deficit was $18.9 billion. The trade deficit narrowed compared to the corresponding period in 2021. At that time, the deficit was $29.1 billion.


Table: USA's export to Switzerland (CH) during 2022/5 - 2022/9

2022 / 52022 / 62022 / 72022 / 82022 / 9
million $%million $%million $%million $%million $%
0. Food and live animals 7.8 0.3 12.0 0.2 8.6 0.2 9.8 0.3 4.5 0.1
01. Meat and meat preparations 0.8 0.0 0.8 0.0 0.7 0.0 0.7 0.0 0.6 0.0
03. Fish and fish preparations 0.2 0.0 0.3 0.0 0.5 0.0 4.6 0.1 0.6 0.0
04. Cereals and cereal preparations 1.9 0.1 1.9 0.0 1.4 0.0 1.6 0.0 0.7 0.0
05. Vegetables and fruit 1.9 0.1 2.6 0.1 0.7 0.0 1.5 0.0 0.9 0.0
06. Sugars,sugar preparations and honey 0.3 0.0 0.5 0.0 0.2 0.0 0.2 0.0 0.1 0.0
09. Miscellaneous edible products and preparations 2.6 0.1 5.4 0.1 4.9 0.1 0.8 0.0 1.3 0.0
1. Beverages and tobacco 23.4 0.9 6.2 0.1 5.4 0.1 1.7 0.0 1.8 0.1
11. Beverages 2.7 0.1 1.3 0.0 1.9 0.0 0.6 0.0 1.6 0.1
12. Tobacco and tobacco manufactures 20.7 0.8 4.9 0.1 3.5 0.1 1.1 0.0 0.1 0.0
2. Crude materials,inedible,except fuels 25.5 1.0 13.2 0.3 13.4 0.3 9.8 0.3 10.5 0.3
23. Crude rubber (incl.synthetic) 0.4 0.0 0.4 0.0 0.5 0.0 0.5 0.0 0.6 0.0
25. Pulp and waste paper 3.0 0.1 8.0 0.2 2.3 0.0 4.8 0.1 5.2 0.2
26. Textile fibres and their wastes 0.9 0.0 1.1 0.0 5.4 0.1 0.6 0.0 0.8 0.0
27. Crude fertilizers and crude minerals 0.2 0.0 0.4 0.0 1.1 0.0 0.5 0.0 0.9 0.0
28. Metalliferous ores and metal scrap 20.6 0.8 3.0 0.1 3.7 0.1 2.9 0.1 2.6 0.1
3. Mineral fuels etc 0.1 0.0 0.1 0.0 0.0 0.0 75.4 2.1 82.6 2.7
33. Petroleum and products 0.1 0.0 0.1 0.0 0.0 0.0 75.4 2.1 52.5 1.7
34. Gas,natural and manufactured 00 00 00 00 30.1 1.0
5. Chemicals and related products,n.e.s. 371.7 14.6 390.5 7.7 319.5 6.1 369.1 10.3 311.1 10.0
51. Organic chemicals 101.3 4.0 55.4 1.1 63.6 1.2 41.9 1.2 58.0 1.9
52. Inorganic chemicals 2.7 0.1 1.4 0.0 3.5 0.1 3.3 0.1 5.0 0.2
53. Dyeing,tanning and colouring material 10.4 0.4 9.5 0.2 11.0 0.2 12.9 0.4 13.7 0.4
54. Medicinal and pharmaceutical products 209.3 8.2 274.1 5.4 183.4 3.5 262.3 7.3 183.5 5.9
55. Perfume,cleaning etc.preparations 25.8 1.0 21.6 0.4 33.1 0.6 31.7 0.9 35.0 1.1
56. Fertilizers,manufactured 00 00 2.3 0.0 00 00
57. Plastics in primary forms 6.1 0.2 4.4 0.1 2.4 0.0 4.0 0.1 3.4 0.1
58. Plastics in non-primary forms 7.5 0.3 3.8 0.1 7.3 0.1 3.4 0.1 4.4 0.1
59. Chemical materials and products,n.e.s. 8.6 0.3 20.1 0.4 12.9 0.2 9.6 0.3 8.0 0.3
6. Basic manufactures 206.0 8.1 179.5 3.5 133.2 2.5 238.8 6.7 126.5 4.1
61. Leather,dressed fur,etc. 0.6 0.0 0.1 0.0 0.1 0.0 0.2 0.0 0.3 0.0
62. Rubber manufactures,n.e.s. 1.1 0.0 1.0 0.0 0.8 0.0 0.5 0.0 1.2 0.0
64. Paper,paperboard and articles thereof 0.9 0.0 2.0 0.0 1.0 0.0 1.1 0.0 0.8 0.0
65. Textile yarn,fabrics,made up articles,etc. 2.3 0.1 2.3 0.0 2.6 0.0 2.2 0.1 2.5 0.1
66. Non-metallic mineral manufactures,n.e.s. 54.3 2.1 125.1 2.5 58.9 1.1 174.4 4.9 72.6 2.3
67. Iron and steel 2.0 0.1 3.2 0.1 2.2 0.0 2.1 0.1 2.8 0.1
68. Non-ferrous metals 135.7 5.3 38.1 0.8 59.6 1.1 48.4 1.4 38.3 1.2
69. Manufactures of metals,n.e.s. 8.9 0.3 7.5 0.1 7.8 0.1 9.6 0.3 7.9 0.3
7. Machinery,transport equipment 167.4 6.6 254.7 5.0 170.7 3.2 168.5 4.7 180.9 5.8
71. Power generating machinery and equipment 13.3 0.5 10.6 0.2 10.5 0.2 8.3 0.2 28.4 0.9
72. Machinery for specialized industries 7.6 0.3 8.6 0.2 5.4 0.1 8.4 0.2 7.2 0.2
73. Metal working machinery 1.5 0.1 2.4 0.0 2.9 0.1 2.3 0.1 2.7 0.1
74. General industrial machinery n.e.s. 20.2 0.8 18.8 0.4 20.3 0.4 18.0 0.5 16.3 0.5
75. Office machines and adp machines 8.3 0.3 9.7 0.2 9.4 0.2 37.3 1.0 8.0 0.3
76. Telecommunications and sound recording equipment 7.7 0.3 19.0 0.4 12.3 0.2 9.0 0.3 13.3 0.4
77. Electric machinery,n.e.s.and parts 46.2 1.8 46.2 0.9 42.2 0.8 42.4 1.2 44.8 1.4
78. Road vehicles 14.0 0.5 9.1 0.2 6.3 0.1 4.4 0.1 15.8 0.5
79. Other transport equipment 48.6 1.9 130.2 2.6 61.3 1.2 38.4 1.1 44.5 1.4
8. Miscellaneous manufactured articles 483.0 18.9 616.1 12.1 388.3 7.4 363.6 10.2 293.2 9.5
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 0.6 0.0 0.5 0.0 0.4 0.0 0.4 0.0 0.4 0.0
82. Furniture and parts thereof 0.5 0.0 0.5 0.0 0.5 0.0 0.6 0.0 0.4 0.0
83. Travel goods,handbags and sim.containers 1.7 0.1 2.0 0.0 1.7 0.0 2.3 0.1 1.5 0.0
84. Articles of apparel and clothing accessories 1.4 0.1 1.4 0.0 1.4 0.0 0.8 0.0 1.0 0.0
85. Footwear 0.5 0.0 0.5 0.0 0.5 0.0 0.3 0.0 0.3 0.0
87. Instruments and apparates n.e.s. 35.4 1.4 40.6 0.8 43.9 0.8 40.5 1.1 36.8 1.2
88. Photographic equipment,optical goods etc. 25.1 1.0 31.9 0.6 21.4 0.4 32.8 0.9 31.0 1.0
89. Miscellaneous manufactured articles,n.e.s. 417.6 16.4 538.8 10.6 318.6 6.1 285.9 8.0 221.8 7.2
9. Goods not classified elsewhere 1,268.8 49.7 3,601.1 71.0 4,222.2 80.2 2,337.4 65.4 2,087.3 67.4
93. Special transactions and commodities not classified 6.9 0.3 2.9 0.1 15.7 0.3 2.4 0.1 3.2 0.1
96. Coin (not gold coin or legal) 0.8 0.0 0.0 0.0 0.1 0.0 6.8 0.2 00
97. Gold,non-monetary 1,195.8 46.8 3,482.1 68.6 4,127.9 78.5 2,239.0 62.6 2,003.4 64.7
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 62.9 2.5 111.5 2.2 75.7 1.4 78.0 2.2 77.8 2.5
0-9. All groups combined 2,553.7 100.0 5,073.4 100.0 5,261.4 100.0 3,574.0 100.0 3,098.4 100.0

Source: US Census Bureau

Table: Import from Switzerland (CH) to USA during 2022/5 - 2022/9

2022 / 52022 / 62022 / 72022 / 82022 / 9
million $%million $%million $%million $%million $%
0. Food and live animals 103.9 2.2 105.4 2.5 117.5 3.2 111.4 2.7 121.4 2.6
00. Live animals 0.3 0.0 2.4 0.1 00 0.0 0.0 0.1 0.0
02. Dairy products and birds' eggs 7.0 0.1 6.9 0.2 6.2 0.2 8.1 0.2 14.9 0.3
04. Cereals and cereal preparations 1.4 0.0 3.0 0.1 3.1 0.1 1.4 0.0 3.1 0.1
05. Vegetables and fruit 0.6 0.0 0.7 0.0 0.6 0.0 0.3 0.0 1.1 0.0
06. Sugars,sugar preparations and honey 3.7 0.1 5.8 0.1 3.5 0.1 3.2 0.1 4.0 0.1
07. Coffee,tea,cocoa,spices 82.4 1.7 80.4 1.9 94.5 2.5 86.5 2.1 92.1 2.0
08. Feeding stuff for animals 0.6 0.0 0.2 0.0 0.4 0.0 0.4 0.0 0.1 0.0
09. Miscellaneous edible products and preparations 7.9 0.2 6.0 0.1 9.2 0.2 11.4 0.3 6.0 0.1
1. Beverages and tobacco 51.3 1.1 32.9 0.8 30.1 0.8 27.8 0.7 18.5 0.4
11. Beverages 50.2 1.1 31.9 0.8 29.2 0.8 26.0 0.6 18.4 0.4
12. Tobacco and tobacco manufactures 1.1 0.0 1.0 0.0 1.0 0.0 1.8 0.0 0.0 0.0
2. Crude materials,inedible,except fuels 24.1 0.5 2.1 0.1 2.0 0.1 1.1 0.0 1.7 0.0
27. Crude fertilizers and crude minerals 0.4 0.0 0.6 0.0 0.2 0.0 0.3 0.0 0.3 0.0
28. Metalliferous ores and metal scrap 18.1 0.4 0.0 0.0 0.4 0.0 0.2 0.0 0.4 0.0
29. Crude animal,vegetable materials n.e.s. 5.2 0.1 0.8 0.0 1.2 0.0 0.1 0.0 0.5 0.0
3. Mineral fuels etc 8.0 0.2 4.6 0.1 3.2 0.1 0.7 0.0 0.4 0.0
33. Petroleum and products 8.0 0.2 1.5 0.0 0.4 0.0 0.7 0.0 0.4 0.0
34. Gas,natural and manufactured 00 3.2 0.1 2.8 0.1 00 00
5. Chemicals and related products,n.e.s. 1,980.1 41.6 1,625.7 39.3 1,405.4 37.7 1,667.6 40.1 2,440.7 52.2
51. Organic chemicals 141.7 3.0 127.9 3.1 230.2 6.2 151.7 3.7 638.7 13.7
52. Inorganic chemicals 2.2 0.0 2.2 0.1 1.9 0.1 2.1 0.0 1.9 0.0
53. Dyeing,tanning and colouring material 8.6 0.2 9.8 0.2 10.7 0.3 9.9 0.2 10.6 0.2
54. Medicinal and pharmaceutical products 1,778.4 37.4 1,420.6 34.4 1,102.1 29.6 1,451.8 34.9 1,738.2 37.2
55. Perfume,cleaning etc.preparations 14.1 0.3 26.4 0.6 18.3 0.5 16.3 0.4 16.5 0.4
57. Plastics in primary forms 12.5 0.3 17.6 0.4 17.4 0.5 13.6 0.3 16.0 0.3
58. Plastics in non-primary forms 6.5 0.1 6.9 0.2 7.7 0.2 8.3 0.2 7.1 0.2
59. Chemical materials and products,n.e.s. 15.8 0.3 14.4 0.3 17.1 0.5 14.0 0.3 11.5 0.2
6. Basic manufactures 200.5 4.2 174.3 4.2 134.0 3.6 239.6 5.8 129.0 2.8
62. Rubber manufactures,n.e.s. 3.0 0.1 3.0 0.1 2.4 0.1 2.3 0.1 3.6 0.1
63. Wood and cork manufactures 6.2 0.1 4.2 0.1 7.0 0.2 3.2 0.1 3.0 0.1
64. Paper,paperboard and articles thereof 5.1 0.1 2.1 0.1 0.6 0.0 3.3 0.1 2.3 0.0
65. Textile yarn,fabrics,made up articles,etc. 6.6 0.1 6.7 0.2 5.8 0.2 4.8 0.1 5.5 0.1
66. Non-metallic mineral manufactures,n.e.s. 62.9 1.3 57.8 1.4 42.0 1.1 55.0 1.3 23.7 0.5
67. Iron and steel 3.1 0.1 5.0 0.1 5.2 0.1 5.0 0.1 3.8 0.1
68. Non-ferrous metals 70.9 1.5 49.3 1.2 30.5 0.8 116.5 2.8 49.2 1.1
69. Manufactures of metals,n.e.s. 42.5 0.9 46.0 1.1 40.4 1.1 49.5 1.2 37.7 0.8
7. Machinery,transport equipment 502.8 10.6 503.9 12.2 480.7 12.9 473.1 11.4 460.9 9.9
71. Power generating machinery and equipment 35.1 0.7 40.6 1.0 42.5 1.1 38.2 0.9 45.7 1.0
72. Machinery for specialized industries 80.0 1.7 72.7 1.8 79.8 2.1 82.5 2.0 85.1 1.8
73. Metal working machinery 67.4 1.4 56.0 1.4 55.5 1.5 57.3 1.4 47.3 1.0
74. General industrial machinery n.e.s. 142.8 3.0 136.3 3.3 126.8 3.4 142.1 3.4 121.1 2.6
75. Office machines and adp machines 8.3 0.2 7.8 0.2 9.8 0.3 8.8 0.2 8.8 0.2
76. Telecommunications and sound recording equipment 11.2 0.2 10.1 0.2 9.4 0.3 8.4 0.2 10.5 0.2
77. Electric machinery,n.e.s.and parts 98.9 2.1 96.7 2.3 100.9 2.7 98.8 2.4 87.6 1.9
78. Road vehicles 5.2 0.1 7.7 0.2 6.0 0.2 4.3 0.1 5.9 0.1
79. Other transport equipment 53.9 1.1 76.0 1.8 50.0 1.3 32.7 0.8 48.9 1.0
8. Miscellaneous manufactured articles 1,286.8 27.0 1,075.8 26.0 1,098.0 29.5 1,121.6 27.0 1,140.9 24.4
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 4.1 0.1 2.0 0.0 2.3 0.1 2.1 0.1 2.6 0.1
82. Furniture and parts thereof 3.1 0.1 2.9 0.1 2.1 0.1 2.8 0.1 4.2 0.1
83. Travel goods,handbags and sim.containers 3.6 0.1 0.2 0.0 2.1 0.1 0.9 0.0 0.3 0.0
84. Articles of apparel and clothing accessories 3.1 0.1 2.5 0.1 3.4 0.1 2.0 0.0 2.8 0.1
85. Footwear 0.8 0.0 0.7 0.0 0.6 0.0 0.5 0.0 0.3 0.0
87. Instruments and apparates n.e.s. 169.1 3.6 171.1 4.1 165.7 4.4 160.3 3.9 173.4 3.7
88. Photographic equipment,optical goods etc. 417.5 8.8 398.5 9.6 404.2 10.9 360.0 8.7 449.2 9.6
89. Miscellaneous manufactured articles,n.e.s. 685.5 14.4 497.8 12.0 517.7 13.9 593.0 14.3 508.1 10.9
9. Goods not classified elsewhere 600.7 12.6 610.0 14.8 452.8 12.2 512.4 12.3 362.5 7.8
93. Special transactions and commodities not classified 509.9 10.7 471.1 11.4 357.4 9.6 425.5 10.2 274.1 5.9
97. Gold,non-monetary 49.8 1.0 102.3 2.5 60.4 1.6 53.1 1.3 50.0 1.1
98. (USA Sitc) Estimate of import items valued under $251 and of other low valued items nonexempt from formal entry 29.4 0.6 29.1 0.7 29.6 0.8 29.5 0.7 34.5 0.7
0-9. All groups combined 4,758.1 100.0 4,134.9 100.0 3,724.0 100.0 4,155.4 100.0 4,676.2 100.0

Source: US Census Bureau

Year level (Sitc)

The amount realized in the beginning of 2022 (Sitc)


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